Euro Firms Against US Dollar Ahead of EU Meeting
Euro is gaining ground today against the US dollar, firming ahead of the upcoming EU meeting. Even though there are expectations that Cyprus will need more support, and the situation with the eurozone is still a long way from resolved, the euro i
Dollar remains lower vs. yen
Demand for the dollar continued to be underpinned after data on Friday showing that U.S. consumer sentiment rose to an almost six year high in May fuelled expectations that the Federal Reserve could scale back its easing program this year. Elsewhere ...
USD/CAD Strong US Dollar Continues to Test 1.03 Level
In early North American trading, USD/CAD was trading in the high-1.02 range. The US dollar looked sharp on Friday, climbing close to one cent, as the currency took advantage of weak Canadian inflation numbers. The greenback also got a boost as the UoM ...
RBI says next series of IIBs could be linked to CPI, too
Both the government as well as the RBI are concerned over the rising gold imports as its putting pressure on Current Account Deficit (CAD), which widened to historic high of 6.7 per cent in third quarter of 2012-13. There is a strong wedge between the ...
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Canadian Dollar to US Dollar Exchange Rate (CAD/USD) Lower as Crude Oil Dips
Last week the 'Loonie' plummeted against the US Dollar as Canadian inflation sank to its lowest level since 2009, slashing the odds of the Bank of Canada raising rates in the foreseeable future. Today the Canadian Dollar has fallen further as the price ...
Masoud EUR/USD Forecast 20 May 13
Masoud is back with his popular fundamental and technical analysis of the EUR/USD.
EPL Oil & Gas : Open a buying position around USD 31.9
In consequence, investors can take a long position in EPL Oil & Gas with a first target price at USD 34.4. This level is the long term resistance. A new bullish fluctuation could lead the security toward its highest level in case of breakout of this ...
EUR/USD: Euro Reverses Its Losses In The Asian Session
On Friday, EUR declined 0.43% against the USD and closed at 1.2828, as dollar strengthened on talks of the Federal Reserve winding down its bond buying program.
AUD/USD: Aussie Trading Higher In The Asian Session
On Friday, the AUD weakened 0.93% against the USD to close at 0.9736. The greenback traded higher as the US leading indicator registered an improvement in May and the preliminary consumer confidence index surged in May.LME Copper prices rose
USD/CAD: Loonie Retreated As Inflation In Canada Slowed, Tra
On Friday, the USD rose 0.96% against the CAD to close at 1.0284. The Canadian Dollar came under pressure after a report indicated that the nation’s inflation reached to the lowest level since 2009, igniting speculation over a possible rate cut b
Asian Market Update
Equities are the favored asset class in the Asia session despite the accelerating housing prices in China and more provocations from North Korea - developments which in prior months would have dampened investors appetite. Hong Kong's Hang Seng is


